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USD/JPY Consolidates Above 160.50 Near Two-Year High Amid Intervention Risks
The USD/JPY pair is trading sideways just above mid-160.00s, near its highest level since July 2024, as traders remain cautious over potential Japanese intervention.
SNB's Tschudin: Swiss Economy Resilient, Solid GDP Growth
Swiss National Bank governing board member Petra Tschudin stated that economic activity in Switzerland is resilient, with solid GDP growth in the first quarter.
SNB Holds Policy Rate at 0% in June Meeting
The Swiss National Bank kept its policy rate unchanged at 0% at the June meeting, as widely anticipated. The decision's implications for the Swiss franc remain in focus.
Bank Indonesia Hikes Benchmark Rate by 25 bps to 5.75%
Bank Indonesia raised its benchmark interest rate by 25 basis points to 5.75% on June 18, aligning with market expectations.
GBP/JPY Holds Gains After UK Jobs Data, Awaits BoE
The British pound edged higher against the Japanese yen after UK employment data, but the rally lacks bullish conviction ahead of the Bank of England meeting.
Yen Weakens to Post-2024 Low as Dollar Climbs: DB
Deutsche Bank reports the Japanese Yen has fallen to its weakest level since 2024 against the US Dollar, though its decline was less severe than other G10 currencies.
British Pound Holds Near Two-Month Low Ahead of BoE Decision
The British Pound trims losses against the US Dollar on Thursday but remains near a two-month low as traders await the Bank of England's monetary policy decision.
EUR/JPY Holds Near 185.00 After Rebound from Channel Bottom
EUR/JPY trades around 185.10 in early European trading on Thursday, recovering from modest losses the previous day. The pair remains capped below key exponential moving averages.
USD/CAD Gains Above 1.4100, Overbought Signals Warn of Pullback
USD/CAD trades near 1.4105 after the Fed's hawkish hold, but overbought technical signals flag potential pullback risk.
Deutsche Bank: Hawkish Fed Repricing Supports Dollar Gains
Deutsche Bank notes that markets have fully priced a Fed rate hike after Kevin Warsh’s hawkish debut as Fed Chair and a more aggressive dot plot, supporting the US Dollar Index.
Gold Pressured by Hawkish Fed Repricing and Stronger Dollar: Deutsche Bank
Deutsche Bank notes that a hawkish repricing of Fed expectations and a stronger dollar are weighing on gold prices, with risk assets selling off after the FOMC meeting.
Fed Holds Rates Unanimously, Prioritizes Price Stability
The Federal Reserve kept interest rates unchanged with a unanimous vote, emphasizing price stability over maximum employment.
Euro trims gains against British Pound ahead of BoE decision
The EUR/GBP cross pared gains near 0.8650 after UK employment data, with traders awaiting the Bank of England rate decision later today.
UK Unemployment Rate Falls to 4.9%, Below Forecast
The UK ILO unemployment rate dropped to 4.9% in the three months to April, down from 5.0% previously and below market consensus.
Iran Signals Support Risk Appetite, Capped by Fed Uncertainty
Asian markets rose on positive Iran signals, but gains were limited by uncertainty surrounding the Federal Reserve and Kevin Warsh. Multiple central banks in Asia and Europe are meeting this week, raising the possibility of further monetary policy surprises.
Central Banks Seen Holding Rates; US-Iran Pact Signed
Markets expect Norges Bank, the Bank of England, and the Swiss National Bank to keep interest rates unchanged. Meanwhile, the US and Iran have signed a memorandum of understanding toward a permanent peace deal.
EUR/USD Recovers from March Low, Climbs to 1.1525 on Weaker USD
The EUR/USD pair rebounded during Asian trading on Thursday, moving away from its lowest level since late March near 1.1480-1.1475 as the US dollar weakened, reaching 1.1525.
Swiss Franc Gains Ahead of SNB Decision
USD/CHP fell to around 0.7985 as the Swiss franc strengthened, pressured by a US-Iran interim agreement that weighed on the US dollar.
EUR/USD Elliott Wave: Impulse Decline from April 17 Peak, Corrective Rally Completed
The decline from the April 17, 2026 peak in EUR/USD is identified as a five-wave impulse, with wave ((i)) at 1.1655 and a subsequent corrective rally in wave ((ii)) that has terminated.
FOMC Hawkish Stance Boosts Dollar; EUR/USD Range 1.1450-1.1600
The FOMC kept rates unchanged but revised inflation expectations higher and cut growth forecasts. Hawkish comments lifted the dollar index above 100, with EUR/USD seen trading within a 1.1450-1.1600 range.
AUD/USD Eyes 0.7050 as US Dollar Weakens, 100-Day SMA Key
The AUD/USD pair reversed its previous day's decline, trading near 0.7040 in Asian session Thursday, up 0.40% as the US dollar softened. The 100-day SMA is seen as a crucial support level for bulls targeting 0.7050.
Silver Price Rises Above $69.00, Remains Below 100-Day SMA
Silver (XAG/USD) rose to near $69.15 during Asian trading on Thursday, supported by positive developments in US-Iran peace talks, but remains capped by the 100-day simple moving average.
Indonesian Rupiah Gains Support Ahead of Bank Indonesia Policy Decision
USD/IDR edged lower in Asian trade on Thursday as the Indonesian Rupiah strengthened ahead of Bank Indonesia's upcoming policy meeting.
Japan's Kihara Warns of 'Appropriate' Response to Yen Declines
Japanese Chief Cabinet Secretary Minoru Kihara said the government is ready to respond 'appropriately' to currency moves, signaling potential intervention as the yen weakens.